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Femsa to acquire Delek’s retail operations for $385M

Fomento Economico Mexicano (FMX) announced that it has entered into definitive agreements with Delek US Holdings (DK), to acquire Delek’s retail operations, consisting of 249 convenience stores located mainly in Texas, for a total amount of US$385 million dollars on a cash-free, debt-free basis, including the purchase of inventories.

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